Cost of living
The cost of living in Australia is high compared to other OECD countries. Comparing prices with other countries based purely on currency conversion can be misleading, as the high cost of living also comes with relatively high salaries.
Cost of typical items
Average weekly spending
According to the latest report from the Australian Bureau of Statistics, the average Australian household would have a budget as shown on the following table. While the following numbers are a national average, average weekly spending in the main cities will certainly be higher, particularly around housing.
|Area||Average Weekly Spending in AUD|
|General goods and services||97.08|
|Household services and operation||44.90|
|Fuel and power||40.92|